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How To Beat Your Banker At Their Own Game Using Loopholes In Their Own Rules by Jeff Spellman |
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Imagine what it would be like if you could pay off your mortgage
sooner than anticipated. Sure, we all think about it, we tell
ourselves that next year we will start paying more than is
required each month, or that once we pay off the car loan, we can
put more money to that mortgage. Unfortunately, many homeowners
never seem to have that extra money to put towards their mortgage
payments. |
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Distributed: 2006-12-26 12:00:00 |
Word Count: 854 |
Page Views: 3861 |
Votes: 15 |
Rating: 2.20 |
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How Foreclosures Work and Steps You Can Take To Avoid Foreclosure by Jeff Spellman |
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A lender provides you with a mortgage and the home is considered
to be collateral until you pay off the mortgage in full and with
interest. If you stop making payments on your mortgage, the
lender has the legal right to foreclose and take possession of
your home in order to recoup the money that they originally
loaned you. |
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Distributed: 2006-12-21 12:00:00 |
Word Count: 1232 |
Page Views: 5218 |
Votes: 10 |
Rating: 2.10 |
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